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on that poll want the cuts, john. >> that is the sign of the argument obama wants to press. when go beyond the general idea of cutting spending and talk about the specifics, that's where it gets difficult. if you talk about cutting spending on, say, medicare or social security, the public says overwhelmingly, absolutely, don't do that. that's why the sequester cut don't affect the programs in a significant way. looking at law enforcement, border enenforcement, health care, education, there you have the possibility that the public is going too see impacts from the sequester cuts, layoffs and ultimately squawk in a way, maybe not medicare social security level but enough to make congress change. >> fly xbrifrs the military as we now learned. john, thank you vet. john harwood in washington. >>> jc penney seek the biggest sales drop since ron johnson announced that transformation plan 13 months ago. shares down 21%. we have an analyst who has a buy rating on the stock. what's behind his call? that's coming up next. >>> before we go to break, fortune is out with its list of the top 50 most admi
of what happened in newtown as well as concerns president obama would try to restrict gun sales. more on that on my blog tradertalk.cnbc.com. >> bob, welcome home. good to see you back. rick santelli in chicago. good morning, rick. >> good morning, carl. we've all heard the news, there's a lot of gdp shrinkage in japan and third quarter, eurozone. it's very difficult to tell sometimes. look at a 24-hour chart of our ten-year, think what the multinational companies are thinking, looks like rates going you up, auctioned off ten-years, 24 billion. there's a rogue, a new guy on the block. it distorts it a bit. you can see we're coming back down. these yields on this new guy, still a good chance we'll settle above 201.5 close, going back to early april. if you look at a two-day chart of the boone, you can see dynamics in place, about face, suggestion of data, weaker data showed up in the marketplace. look at spain, this is really interesting. a two-week chart of spain basically, wow, these yields are really going down. are even the southern countries have their funding issue fixed now beco
Search Results 0 to 1 of about 2